Capital Southwest Corporation is a Dallas, Texas-based, internally managed Business Development Company, with approximately $313 million in net assets as of December 31, 2020. Capital Southwest is a middle-market lending firm focused on supporting the acquisition and growth of middle market businesses and makes investments ranging from $5 to $20 million in securities across the capital structure, including first lien, unitranche, second lien, subordinated debt, and non-control equity co-investments. As a public company with a permanent capital base, Capital Southwest has the flexibility to be creative in its financing solutions and to invest to support the growth of its portfolio companies over long periods of time.

Company profile
Ticker
CSWC
Exchange
Website
CEO
Bowen Diehl
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Corporate docs
Subsidiaries
I-45 SLF LLC • Capital Southwest Equity Investments, Inc. • Capital Southwest SBIC I, LP • Capital Southwest SBIC I GP, LLC ...
IRS number
751072796
CSWC stock data
Analyst ratings and price targets
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
2 Jun 23
DEF 14A
Definitive proxy
2 Jun 23
PRE 14A
Preliminary proxy
23 May 23
424B3
Prospectus supplement
23 May 23
10-K
2023 FY
Annual report
23 May 23
8-K
Results of Operations and Financial Condition
22 May 23
8-K
Regulation FD Disclosure
26 Apr 23
8-K
Capital Southwest Announces Preliminary Estimate of Fourth Quarter 2023 Operating Results
13 Apr 23
8-K
Capital Southwest Receives Investment Grade Rating from Moody’s Investors Service
3 Apr 23
8-K
Capital Southwest Announces U.S. Federal Income Tax Treatment of 2022 Dividends
1 Feb 23
Transcripts
CSWC
Earnings call transcript
2023 Q4
23 May 23
CSWC
Earnings call transcript
2023 Q3
31 Jan 23
CSWC
Earnings call transcript
2023 Q2
1 Nov 22
CSWC
Earnings call transcript
2023 Q1
2 Aug 22
CSWC
Earnings call transcript
2022 Q4
24 May 22
CSWC
Earnings call transcript
2022 Q3
1 Feb 22
CSWC
Earnings call transcript
2022 Q2
2 Nov 21
CSWC
Earnings call transcript
2022 Q1
3 Aug 21
CSWC
Earnings call transcript
2021 Q4
26 May 21
CSWC
Earnings call transcript
2021 Q3
2 Feb 21
Latest ownership filings
4
Ramona Lynn Rogers-Windsor
6 Feb 23
4
BOWEN S DIEHL
16 Nov 22
4
Joshua S. Weinstein
16 Nov 22
4
Michael Scott Sarner
16 Nov 22
4
Ramona Lynn Rogers-Windsor
4 Nov 22
4
CHRISTINE BATTIST
3 Nov 22
4
JACK D FURST
12 Aug 22
4
David R Brooks
12 Aug 22
4
CHRISTINE BATTIST
12 Aug 22
4
Ramona Lynn Rogers-Windsor
12 Aug 22
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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Diluted EPS |
Annual (USD) | Mar 23 | Mar 22 | Mar 21 | Mar 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 21.59 mm | 21.59 mm | 21.59 mm | 21.59 mm | 21.59 mm | |
Cash burn (monthly) | 33.67 k | 721.08 k | (no burn) | (no burn) | (no burn) | |
Cash used (since last report) | 74.77 k | 1.60 mm | n/a | n/a | n/a | |
Cash remaining | 21.51 mm | 19.98 mm | n/a | n/a | n/a | |
Runway (months of cash) | 638.9 | 27.7 | n/a | n/a | n/a |
Institutional ownership, Q1 2023
34.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 190 |
Opened positions | 25 |
Closed positions | 22 |
Increased positions | 70 |
Reduced positions | 45 |
13F shares | Current |
---|---|
Total value | 1.73 tn |
Total shares | 12.57 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Allspring Global Investments | 1.29 mm | $178.82 bn |
T. Rowe Price Investment Management | 1.28 mm | $177.97 bn |
Neuberger Berman | 1.15 mm | $159.25 bn |
BLK Blackrock | 990.92 k | $137.67 bn |
Vanguard | 830.28 k | $115.35 bn |
Champlain Investment Partners | 743.76 k | $103.33 bn |
First Manhattan | 508.55 k | $70.65 bn |
MS Morgan Stanley | 462.66 k | $64.28 bn |
Dimensional Fund Advisors | 401.05 k | $55.72 bn |
JHG Janus Henderson | 358.67 k | $49.83 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Feb 23 | Ramona Lynn Rogers-Windsor | Common Stock | Buy | Acquire P | No | No | 19.6852 | 500 | 9.84 k | 7,907.029 |
15 Nov 22 | Michael Scott Sarner | Common Stock | Payment of exercise | Dispose F | No | No | 19.09 | 6,138 | 117.17 k | 307,224.704 |
15 Nov 22 | Joshua S. Weinstein | Common Stock | Payment of exercise | Dispose F | No | No | 19.09 | 3,688 | 70.40 k | 174,015 |
15 Nov 22 | Diehl Bowen S | Common Stock | Payment of exercise | Dispose F | No | No | 19.09 | 7,230 | 138.02 k | 168,520 |
4 Nov 22 | Ramona Lynn Rogers-Windsor | Common Stock | Buy | Acquire P | No | No | 18.97 | 500 | 9.49 k | 7,262.084 |
News
Recap: Capital Southwest Q4 Earnings
22 May 23
Capital Southwest Q4 EPS $0.65 Beats $0.61 Estimate
22 May 23
Earnings Scheduled For May 22, 2023
22 May 23
A Preview Of Capital Southwest's Earnings
19 May 23
JMP Securities Reiterates Market Outperform on Capital Southwest, Maintains $22 Price Target
14 Apr 23
Press releases
Capital Southwest Announces Financial Results for Fourth Fiscal Quarter and Fiscal Year Ended March 31, 2023
22 May 23
Capital Southwest Announces Increase in Regular Dividend to $0.54 per share and Supplemental Dividend of $0.05 per share for the Quarter Ending June 30, 2023
26 Apr 23
Capital Southwest Announces Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call Schedule
25 Apr 23
Capital Southwest Announces Preliminary Estimate of Fourth Quarter 2023 Operating Results
13 Apr 23
Capital Southwest Receives Investment Grade Rating from Moody's Investors Service
3 Apr 23